Quote:
Originally Posted by vash
but will some fast-living risk taker simply bounce back from a bad loan and keep on going, scot-free?
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Yes and on a bigger scale than you can imagine.
This is why i'm not impressed when i meet big time real estate moguls. I know the dirty secrets of the less scrupulous parties in that industry and when it comes down to it many are frauds. In some cases the only thing that makes them 'big time' is an ability to con a bank and a willingness to leave said bank holding the bag at a moments notice.